investment agreement this investment agreement the agreement is entered into as of january 1 2009 by and between a state non profit corporation hereafter referred to as and investor bank ...
Filetype PDF | Posted on 10 Feb 2023 | 2 years ago
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...Investment agreement this the is entered into as of january by and between a state non profit corporation hereafter referred to investor bank recitals whereas community development financial institution established promote economic increasing access capital for small businesses organizations engaged in affordable housing throughout program not able issue stock raise fund wishes make investments which public welfare willing assist funding order invest prepared an equity equivalent structured on terms conditions specified now therefore parties hereto agree follows agrees principal sum fifty thousand at fixed interest rate per annum shall be calculated day year consisting twelve months payable quarterly commencing last next calendar quarter following initial disbursement balance due ten years from date end obligated extend s maturity annually successive periods one exceed five thereafter has option extending additional but do so may pre pay whole or part any time without penalty repayment...